Raymond James Financial Inc. Makes New $23.33 Million Investment in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Raymond James Financial Inc. purchased a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 788,298 shares of the company’s stock, valued at approximately $23,334,000. Raymond James Financial Inc. owned about 2.42% of Columbia EM Core ex-China ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Wingate Wealth Advisors Inc. acquired a new position in shares of Columbia EM Core ex-China ETF during the fourth quarter worth $28,000. Graney & King LLC bought a new stake in Columbia EM Core ex-China ETF during the 4th quarter worth $32,000. Westside Investment Management Inc. acquired a new position in Columbia EM Core ex-China ETF in the 3rd quarter worth about $69,000. FMR LLC boosted its stake in shares of Columbia EM Core ex-China ETF by 275.3% during the third quarter. FMR LLC now owns 4,384 shares of the company’s stock valued at $143,000 after purchasing an additional 3,216 shares in the last quarter. Finally, Avior Wealth Management LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 25.3% during the fourth quarter. Avior Wealth Management LLC now owns 6,414 shares of the company’s stock worth $190,000 after purchasing an additional 1,294 shares during the last quarter.

Columbia EM Core ex-China ETF Price Performance

Columbia EM Core ex-China ETF stock opened at $29.00 on Friday. The business has a 50 day moving average of $29.51 and a 200-day moving average of $30.51. Columbia EM Core ex-China ETF has a 1 year low of $26.44 and a 1 year high of $33.90. The company has a market capitalization of $1.04 billion, a P/E ratio of 14.19 and a beta of 0.81.

Columbia EM Core ex-China ETF Profile

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.